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the equinox marks the turn in the pm sector "a new leg higher"


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#1501 K Wave

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Posted 25 October 2021 - 07:41 AM

Gold making 1 more run at 1800....this may be the big moment of truth for the wedgie.

 

As long as it holds above Friday's shakeout low, bulls still with a good chance at breaking out upside.

 

But if it fails right about here, and goes back below 1780 now, the window of opportunity will likely have closed for now.


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1502 gannman

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Posted 25 October 2021 - 08:08 AM

i would love to see gld blast thru to 172 that would be very bullish . and of course hold that level 


feeling mellow with the yellow metal


#1503 K Wave

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Posted 25 October 2021 - 09:09 AM

Gold Euro 4 hour...

 

Just need that 200 to turn up and start separating from the 900, and we most likely have big intermediate term move up getting under way....

 

Bulls need to keep pushing for just a bit longer to seal the deal....

 

xe.png

Looking like the 200 spreadout may be just about to get under way....

 

xe.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#1504 JGUITARSLIM

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Posted 25 October 2021 - 09:27 AM

Looking for exit point in trade position over next week...



#1505 Smithy

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Posted 25 October 2021 - 09:52 AM

JG, your gold cycle inverted?



#1506 gannman

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Posted 25 October 2021 - 10:00 AM

om the hui i am thinking we trade up to the 200 dma around 272 to complete this first wave up and then a pullback in a minor wave ii


feeling mellow with the yellow metal


#1507 linrom1

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Posted 25 October 2021 - 11:49 AM

We keep getting lower highs.



#1508 linrom1

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Posted 25 October 2021 - 01:32 PM

Miners are due for a major correction.



#1509 dougie

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Posted 25 October 2021 - 08:39 PM

Miners are due for a major correction.

MAjor? as in?

we just HAD a MAJOR correction



#1510 JGUITARSLIM

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Posted 26 October 2021 - 07:08 AM

JG, your gold cycle inverted?


That cycle only indicates to me IT turning point , not necessarily a high or low. Month+ ago presumed would be a low but given action since now looking for high.